Be careful buying alts right now - page 16.

carlisle1

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Quote from: Samurai trieng on June 26, 2022, 11:46:32 AM

indeed the current crypto market is very concerning but I think investing in crypto does have a very high level of risk, here we need foresight to choose a decent altcoin, but for crypto users who have extensive knowledge of crypto, now is a good time to buy altcoins of course they buy altcoins that have great potential and prospects, to find the right altcoins of course they have done in-depth research about the ins and outs of these altcoins in order to get big profits when the crypto market starts to recover.

Now is the good time for people who invest not just their money but more on their time to research and study every single project

that they are eyeing to use for their investment, the market is low, but the chance to get lower is possible. Investors need to

work on their knowledge about the project and how the team is working behind, if they are convince with how the market will proceed,

there's no problem in taking the call and place their position.

sulendra12

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Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

It's not all of the altcoins are having this bad time right now. Polygon is having a great day in past 7 days and has pumped for more than 50% in 7 days which is really amazing considering whole bear market we are currently experiencing these days. This might be just bubble and another dump might happen really soon, just check the market regularly if I can say.

nicedreams

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Quote from: tvplus006 on June 26, 2022, 11:18:10 AM

If you have decided to buy altcoins at the current price, you should be prepared for the fact that the price will continue to decline and you will hold a losing position. And in the case of a continued decline in the price, you should have enough stablecoins left to get a good average position by buying altcoins at a low price.

That's what everyone in this thread is thinking. But the market has taste for doing the opposition when everyone is so sure about it. I think we've at nearly the bottom, even if it falls, the overall trend will be bound back.

cute nmp

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Totally agree with you this is not a great time to buy altcoins at all.To be fair I don't think the bear market is over yet one has to be very careful with his funds. Whenever investing in any project proper research should be made to know about the potential of the project because the market condition is bad at the moment. The best thing to do is to wait till it recovers before making investments.

Samurai trieng

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indeed the current crypto market is very concerning but I think investing in crypto does have a very high level of risk, here we need foresight to choose a decent altcoin, but for crypto users who have extensive knowledge of crypto, now is a good time to buy altcoins of course they buy altcoins that have great potential and prospects, to find the right altcoins of course they have done in-depth research about the ins and outs of these altcoins in order to get big profits when the crypto market starts to recover.

tvplus006

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If you have decided to buy altcoins at the current price, you should be prepared for the fact that the price will continue to decline and you will hold a losing position. And in the case of a continued decline in the price, you should have enough stablecoins left to get a good average position by buying altcoins at a low price.

DeFi Doge

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Quote from: cryptosru on June 25, 2022, 06:29:57 AM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 PM

A lot depends how useful the coins and what profitable tools it offers. It is necessary to check all the information about the coin to know more about it like this
https://twitter.com/LollipopBsc/status/1537731681779453952

Fall of the market is a good opportunity for new projects with big potential. If they be able to survive during the fall of the market when rise of the market comes they will have a lot prospectives.

During the fall of the market it is the best time to buy the tokens of the projects for the best price because everything falls.
But nobody knows what projects will be able to survive and in what projects to invest.
That is why it is very risky to invest now.

Rasa nanas

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quite reasonable, although currently the price of bitcoin seems to have stopped moving downwards and stabilized at around $21k but that does not mean the price will not move downwards again. what happened before is that the bitcoin price was stable at $40k then dropped and stabilized at $30k, and after that the price dropped again and currently the bitcoin price is stable at $21k. meaning that there is still a possibility that the price will fall again in the range of $17k and stabilize in that price range.

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Quote from: cheezcarls on June 25, 2022, 02:20:19 AM

This is why we do not go all-in for these altcoins, and Bitcoin isn’t an exception as it has more dominance and volatility than any other coin or token in the market. As of now, yes I am trying to be careful in buying alts. I am now more focused in doing DCA for Bitcoin and soon for Ethereum once my monthly average income increases.

I definitely agree that BTC and ETH seems like the two that will stand for a long time, I add a bit of BNB to that as well. I had over 20 different coins in my portfolio before this fall, and if it was a bull run I would keep them all. However, since we are in a market where things are looking south more than ever, I realized that the best way to make a profit when things turn would be bitcoin for sure.

If you have 20+ different coins, some of them could definitely go higher than what bitcoin would profit you, but there will be a few that will not go up at all which will destroy all of the profits others made. If you stay in BTC and ETH then you will surely be doing fine in the long run.

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Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Everyone has their own reasons for entering this market, even if the price drops. If there is no clear investment plan, it is not too strange to make a mistake in the market and lose money. I'm also not too into absolutes, so the recent market movements have given me a lot of opportunities to buy BTC or ETH in a better position than those who are losing money, as I said before. That's how we see this market. Not everyone is the same, so we don't need to impose our opinions, but we also appreciate the comments from the OP to build and research the market.

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Quote from: Kelvinid on June 26, 2022, 06:07:14 AM

Quote from: yazher on June 26, 2022, 05:44:54 AM

Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Alts are the last choice for you to buy right now, especially those who are just newly emerged and have been introduced to you early this month. Because scammers that are taking advantage of the current situation are also luring every single investor that is prone to this kind of ignorance. when newbie investors think that they are winning on the scenario where they will invest in the new altcoins because they will gonna earn a huge amount of money once the bear market is over, they are absolutely wrong because most of the time the altcoins that are new won't pump up and always stay at its current price.

Most of them become dead. However, this was not the last option as we can still make use to choose ETH and some of the leading altcoins in the CMC as they surely will pump once Bitcoin will rallying back again. Well, of course, investing in new projects is not a smart idea and it was not recommended during the bear season for sure they are likely to end scams.

60% - Bitcoin
40% -shared altcoins

As long as we buy the right altcoins there should be no problem in the future as they will certainly rise when the market turns bullish. When bitcoin dump big time, altcoins will dump more as bitcoin still owns the big number of dominance in the market, so we should be smart this time, study well in order to see the opportunity and never panic.

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Quote from: yazher on June 26, 2022, 05:44:54 AM

Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Alts are the last choice for you to buy right now, especially those who are just newly emerged and have been introduced to you early this month. Because scammers that are taking advantage of the current situation are also luring every single investor that is prone to this kind of ignorance. when newbie investors think that they are winning on the scenario where they will invest in the new altcoins because they will gonna earn a huge amount of money once the bear market is over, they are absolutely wrong because most of the time the altcoins that are new won't pump up and always stay at its current price.

Most of them become dead. However, this was not the last option as we can still make use to choose ETH and some of the leading altcoins in the CMC as they surely will pump once Bitcoin will rallying back again. Well, of course, investing in new projects is not a smart idea and it was not recommended during the bear season for sure they are likely to end scams.

60% - Bitcoin
40% -shared altcoins

newdevices

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Quote from: tjtonmoy on June 26, 2022, 05:17:07 AM

Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Well good traders know when to get in a market and get out. There will be profit and loss altogether. But if you can make even a little bit of profit in this bear market, it's a win-win situation. So i may suggest to no put all you have. Use a little amount and make your profits from there.

However it is not an easy job and certainly requires an understanding of the market,
maybe buying in stages is a good choice if you look at the current market conditions,
and I think every trader has their own way of making a profit with this bear market condition

yazher

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Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Alts are the last choice for you to buy right now, especially those who are just newly emerged and have been introduced to you early this month. Because scammers that are taking advantage of the current situation are also luring every single investor that is prone to this kind of ignorance. when newbie investors think that they are winning on the scenario where they will invest in the new altcoins because they will gonna earn a huge amount of money once the bear market is over, they are absolutely wrong because most of the time the altcoins that are new won't pump up and always stay at its current price.

tjtonmoy

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Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Well good traders know when to get in a market and get out. There will be profit and loss altogether. But if you can make even a little bit of profit in this bear market, it's a win-win situation. So i may suggest to no put all you have. Use a little amount and make your profits from there.

Cryptoababe

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Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

How sure are you?
Although the market is bullshit right now but no one knows the buttom. People have called many buttom and no one was able to guess right. Unless they are lucky.
So, know one can call this recovery fake out.

Yamifoud

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Quote from: dark1234 on June 25, 2022, 05:07:33 PM

Quote from: Pelana vreo on June 24, 2022, 11:26:37 PM

I still remember when the price of Ethereum in 2017 reached $1000 USD and then dropped to $100 usd in 2018, maybe a situation like that will happen again, but no one knows when the price will go down, because nowadays crypto investors are smart in managing assets that they have with many things such as staking and farming, of course with the aim of long-term investment

the fall of ethereum in 2018 was very significant and the impact that I felt the most panic and fear was very high for me personally who incidentally as a person who just joined in 2017 and at that time there was no obsi staking and farming there was only holding on to it but everything was treated after selling it in 2020 ago even though ATH still hasn't happened
so the fall in the market will be beneficial for them to buy and is something that must be taken advantage of even though some assets have been stuck 50-70% but all will be cured for those who are able to withstand the pain of a bear market

Choosing the right coins for investment gives us no worries even if the market will dump like in 2018. I won't say that this current bear season is the same as the previous one, however, this will create panic as well if we invest shitcoins, those in hype knowing that they will dump more and hard to recover. It can't be denied to have some fear and uncertainties during the bear season but if we let this feeling controls us, the possibilities we think negatively and lose our minds end up selling our assets.

dark1234

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Quote from: Pelana vreo on June 24, 2022, 11:26:37 PM

I still remember when the price of Ethereum in 2017 reached $1000 USD and then dropped to $100 usd in 2018, maybe a situation like that will happen again, but no one knows when the price will go down, because nowadays crypto investors are smart in managing assets that they have with many things such as staking and farming, of course with the aim of long-term investment

the fall of ethereum in 2018 was very significant and the impact that I felt the most panic and fear was very high for me personally who incidentally as a person who just joined in 2017 and at that time there was no obsi staking and farming there was only holding on to it but everything was treated after selling it in 2020 ago even though ATH still hasn't happened
so the fall in the market will be beneficial for them to buy and is something that must be taken advantage of even though some assets have been stuck 50-70% but all will be cured for those who are able to withstand the pain of a bear market

savetheFORUM

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Quote from: Ketesnuko on June 21, 2022, 09:26:53 AM

It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.

Too early? No way, the drop have started right before we enter this new year, can you imagine how many months had passed already? And yet we are still here stuck in a rut. 900 usd for eth is a best value but what price do you think is the rea bottom if not this? Too much chasing for the bottom is not right because what if the price recovers and continues on this position? You will only miss the golden opportunity that is being offered right now if you won't grab this.

Okay, you can also do a dca if what do you want is the real bottom. If there is anything that we should be careful of, that is when picking the right altcoins that we will be adding to our portfolio but there's no room to doubt or to argue about the price.

cryptosru

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Quote from: brat111111 on June 24, 2022, 11:23:34 AM

Quote from: inery_blockchain on June 22, 2022, 12:03:13 PM

A lot depends how useful the coins and what profitable tools it offers. It is necessary to check all the information about the coin to know more about it like this
https://twitter.com/LollipopBsc/status/1537731681779453952

It is very important to check everything before investing. But usually during the fall of the market people check everything more carefully than during the rise of the market.

Fall of the market is a good opportunity for new projects with big potential. If they be able to survive during the fall of the market when rise of the market comes they will have a lot prospectives.

Topic: Be careful buying alts right now - page 16. (Read 10838 times)